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> Also kind of interesting that they are an opportunistic buyer (almost vulturous) that most of the times only pulls the trigger when the acquisition target is
by throw24234 6y ago
> Also kind of interesting that they are an opportunistic buyer (almost vulturous) that most of the times only pulls the trigger when the acquisition target is in their lows.
Unsurprising since Bezos himself worked in a Hedge fund. The Autonomous Driving hype train is slowing down, so this is the perfect opportunity for this move.
Interestingly, with this move, Bezos can soon rival Musk for the next 'billionaire super genius rock star' position.
- zxcmx 6y agoThey both want a planet. Musk wants to take over Mars. Bezos wants to take over Earth.
- redredrobot 6y agoActually if you pay a little attention to Bezos, it's clear that his focus has been outer space at least since he was a college student. IMO Amazon was an opportunity that Bezos saw while Blue Origin is the fulfillment of his lifelong dream.
- throwaway1777 6y agoSo if it’s his dream when does he start actually focusing on it?
- redredrobot 6y agoWhat do you mean? Prior to COVID I thought Bezos had his full attention on Blue Origin
- simonh 6y agoAbout 9 years ago when they started development of the BE-4. Up until then Blue Origin was mainly a think tank and research project. I've been quite dismissive of Blue Origin in the past, their pace of development seemed so sluggish compared to SpaceX, but I think that was somewhat unfair. It seems Bezos only really started pouring money into the project a few years ago though. BE-34 does seem to be behind schedule, or at least the launch vehicles are by a year or two, but that's par for the course for big rockets.
- tosssingaway567 6y agoWell, it a money burning venture, by making amazon bigger and bigger he is contributing to blue origin. He funds blue origin with more than a billion $ every year from the sales of his own amazon stock. Without amazon filling his pockets he can't finance blue origin. He puts more of his money in blue origin every year than the amount amazon will pay for zoox
- numpad0 6y agoBezos builds self regulating machines that use humans, Musk’s imagination stops at exploiting human labor efficiently and there lies a gap I think.
- 0x8BADF00D 6y ago> The Autonomous Driving hype train is slowing down, so this is the perfect opportunity for this move. Zoox in particular was a LARP of an autonomous driving company. Until any of these companies start manufacturing, they’re literally LARPing. At least Tesla shipped an actual product.
- wutbrodo 6y agoTangentially, it seems like calling people LARPers has very rapidly become a universally-used cliche. Has anyone else noticed that? I've seen it used for months, sparingly, but in the last couple of weeks it's everywhere (I've seen it literally three times this morning, on different fora about vastly different topics).
- 0x8BADF00D 6y agoIt’s particularly applicable to startups that burn through a bunch of cash and then exit for a pittance.
- wutbrodo 6y agoSure, I wasn't trying to make any point about your comment. I just thought it was a really fascinating example of how language spreads and evolves,slowly at first then all at once. Please excuse the musing haha
- 40four 6y agoYou point is interesting how speech patterns catch on and become the phrase 'du jour'. I think the internet has changed that dynamic, it used to be only withing people you saw face to face. Now we're exposed to a much wider range of people and styles. Anyhow, I haven't seen the trend of calling out an entity as being a LARPer. But I have to admit, it's kind of funny. It does make me giggle :)
- sitkack 6y agoIt has mostly hit the internet mind-brain because of tacticool cops larping has gun toting heros.